HMRC Admin 25 Response

Hi chrpg,
As long as the work carried out in Ireland is paid by your UK employer, then there is no need to complete a Self Assessment tax return for this reason. This income will be included in your P60 and have UK tax deducted.
If the Irish company pay your salary for the days in Ireland, then yes, a Self Assessment tax return will be required.
This is so that you can declare your overseas employment income.
Thank you 
 

Hi alastairc,
Only in the tax year in which you leave the UK.
From the start of the new tax year, you cannot add to the stocks and shares ISA.
Thank you. 

Hi Alessandro Marotto,
Yes. As there is not Capital Gains Tax liability on the transfer of assets to your wife.
You gift the share in the property to your wife at your acquisition cost.
This means that your wife will calculate capital gains using the value when you acquire the property. 
Thank you. 

 

Hi elsie,
This is foreign income.
Please see guidance here:
Tax on foreign income
Thank you. 
 

Hi henrydean,
A valuation from a qualified valuer would be acceptable by HMRC for probate, Inheritance Tax and Capital Gains Tax purposes.
Thank you. 

Hi CL McG,
As all the one company, it would fall under a S104 holding:
Please  see:
HS284 Shares and Capital Gains Tax (2024)
In particular point 4.
Thank you. 

Hi Rob,
The royalties paid up to the date of your mother's passing would be declared in her tax return, as your mother's income.
After that date, the payments would form part of her estate for Inheritance tax purposes.
Thank you. 

Hi lhn22k Baker,
As this is your own home and residence, no.
Thank you. 

Hi asmyth74,
Yes, as this is still a disposal.
Thank you. 

Hi lilly90,
The drop down option will be for the dividends only.
You are asked further on to confirm total figures and if you disagree, you enter your figure.
Thank you.